Written by an executive, for all executives who want to be on top of their project investments.
This handbook contains comprehensive notes and detailed instructions to support the TOP Value Equation Practitioner Certification.
You commission projects to deliver the benefits. Benefits Management should be an integral part of project delivery processes, not add-on steps or separate parallel stream.
TOP is specifically designed to enable (and measure) the successful delivery of projects.
How to move beyond the orthodox ‘on time, on budget’ measures, to define the true business measures of project success — outcomes, benefits and value
The current measures of project success - “on-time, on-budget, to-specification" - are absurd because they measure success by the inputs used, rather than by the value to be created.
Here we make it all quite clear - what is ‘value’, what are ‘benefits’ and what needs to be taken into account when measuring the ‘value’ of a project.
Although you commission projects to realize the benefits, there are 26 major obstacles to successful benefits management.
To improve your operations and profits, you will have to cut costs, downsize, outsource, or use the six sigma. But there is one last bastion of unseen waste – excessive waste - projects.
Your value equation determines how you maximize, optimize, manage, deliver and measure your business benefits.
The Value Equation is the most powerful tool in any project delivery toolbox — but is missing in most organizations
“Solving the benefits puzzle” spells out the problems in measuring benefits in a story format and presents the solution by outlining a scientific approach to benefits management.